Saturday, Apr 20 2024 | Time 20:43 Hrs(IST)
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World


Italy's Foreign Minister says Italian business see many opportunities in Russia

Genoa, Italy, Oct 14 (Sputnik) Italian businesses are looking at the Russian market as one that can provide many promising opportunities, Italy's foreign minister, Luigi Di Maio, said on Wednesday, adding that Rome and Moscow must work to stimulate bilateral trade amid the negative impacts of the coronavirus disease pandemic.
"The pandemic has had grave consequences for both of our countries, from the point of view of economic and human losses. As for our turnover, we registered a drop for the first time after three consecutive years of growth," Di Maio said during talks with Russian Trade and Industry Minister Denis Manturov at the Russian-Italian Council on Economic, Industrial and Financial Cooperation in Moscow.
The minister noted that Italy sees many promising areas for cooperation between Russian and Italian business owners, in sectors such as infrastructure, energy, transport, agriculture, as well as start-ups and innovations.
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